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Global Properties

1251m² Land in Faro, Portugal No. 138627

$ 9 306 270
$ 7 439 per m²
1251 Living space, m²
Faro, Portugal
Parameters
Living space, m²
1251
ID
138627
Type
Land
Land area, m²
2344
Property description
Investment Opportunity in Prestigious Quinta do LagoDiscover an exceptional investment opportunity in the heart of Quinta do Lago, the Algarve’s most prestigious residential enclave, situated directly on San Lorenzo Golf Course, close to the beach and lake. This expansive 2,344sqm plot comes with an approved project for a stunning 1,251sqm luxury home, designed by renowned and award


Investment Opportunity in Prestigious Quinta do LagoDiscover an exceptional investment opportunity in the heart of Quinta do Lago, the Algarve’s most prestigious residential enclave, situated directly on San Lorenzo Golf Course, close to the beach and lake. This expansive 2,344sqm plot comes with an approved project for a stunning 1,251sqm luxury home, designed by renowned and award winning architect Vasco Vieira. Priced at €7.950.000, this plot offers a rare opportunity to create a truly unique and spectacular residence in one of Portugal’s most exclusive locations.The ground floor offers two expansive living areas, a dining space, and an open-plan kitchen that extends onto outdoor patios.
These patios wrap around part of the house and lead to a large swimming pool, which is seamlessly connected to both the living/dining areas and an outdoor kitchen. Additionally, three en-suite bedrooms on this level provide direct access to the patio and pool.On the first floor, you’ll find a spacious master bedroom featuring an en-suite bathroom, a walk-in closet, and a private office that can also serve as an additional en-suite bedroom. Both rooms open onto a large, south-facing terrace.The rooftop boasts panoramic views of the surrounding landscape, including natural lakes, sea south view and a Golf Course. This level includes outdoor dining and living areas as well as a private rooftop pool.In the basement, there’s a generous garage, storage and technical areas, a bathroom, a laundry room, and an elevator connecting to the upper floors.Quinta do Lago is famed for its world-class amenities, including championship golf courses, fine dining, and beautiful beaches, making it a top destination for luxury living. The plot is fully serviced with essential utilitieswater, electricity, sewage, and public lightingensuring a smooth and hassle-free development process.With incredible potential for a high-end luxury home, this investment promises both elegance and profitability.Don’t miss the chance to create a masterpiece in one of the Algarve’s most coveted settings. Contact Inside Villas Real Estate today for more information or to arrange a viewing. Secure your place in this prestigious community and turn your vision into reality. #ref:T625

Features
Location
  • Golf view
  • South orientation
Features
  • Terrace
Indoor facilities
  • Storage room
  • Elevator
  • Garage
Outdoor features
  • Garden
  • Swimming pool
Statistics Faro
$ 4 575
Price per m²
166
Quality of Life Index
49
Cost of living Index
Parameters
[:second_city:]
Faro
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 059
2-Room Apartment
$ 923
Apartment Purchase Price per m²
In the City Center
$ 4 575
Outside the City Center
$ 3 521
Crime Index
30
Cost of Living and Rent Index
38
Purchasing Power Index
77
Property Price to Income Ratio
14
Safety Index
70
Traffic CO₂ Index
5958
Traffic Inefficiency Index
141
Rent Index
24
Health Care Index
54
Groceries Index
47
Pollution Index
34
Traffic Commute Time Index
25
Restaurant Price Index
45
Climate Index
98
Cost of Living Index
49
Quality of Life Index
166
Traffic Index
120
Restaurants
Meal, Inexpensive Restaurant
$ 13.93
Meal for 2 People, Mid-range Restaurant, Three-course
$ 41.79
McMeal at McDonalds (or Equivalent Combo Meal)
$ 11.61
Domestic Beer (0.5 liter draught)
$ 2.90
Imported Beer (0.33 liter bottle)
$ 2.32
Coke/Pepsi (0.33 liter bottle)
$ 2.32
Water (0.33 liter bottle)
$ 1.62
Cappuccino (regular)
$ 1.89
Markets
Milk (regular), (1 liter)
$ 1.07
Loaf of Fresh White Bread (500g)
$ 1.54
Eggs (regular) (12)
$ 3.48
Local Cheese (1kg)
$ 14.37
Water (1.5 liter bottle)
$ 1.24
Bottle of Wine (Mid-Range)
$ 5.22
Domestic Beer (0.5 liter bottle)
$ 0.97
Imported Beer (0.33 liter bottle)
$ 3.05
Cigarettes 20 Pack (Marlboro)
$ 6.62
Apples (1kg)
$ 2.64
Chicken Fillets (1kg)
$ 6.29
Oranges (1kg)
$ 1.60
Potato (1kg)
$ 3.22
Lettuce (1 head)
$ 1.44
Rice (white), (1kg)
$ 1.83
Tomato (1kg)
$ 2.66
Banana (1kg)
$ 1.33
Onion (1kg)
$ 2.52
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.27
Transportation
One-way Ticket (Local Transport)
$ 3.48
Monthly Pass (Regular Price)
$ 42.95
Gasoline (1 liter)
$ 2.02
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 34 871
Taxi Start (Normal Tariff)
$ 3.83
Taxi 1km (Normal Tariff)
$ 1.16
Taxi 1hour Waiting (Normal Tariff)
$ 22.05
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 39 545
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 144
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 37.84
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 20.31
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 451
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 44.11
Tennis Court Rent (1 Hour on Weekend)
$ 22.05
Cinema, International Release, 1 Seat
$ 11.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 73.51
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 45.85
1 Pair of Nike Running Shoes (Mid-Range)
$ 109
1 Pair of Men Leather Business Shoes
$ 106
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 475
International Primary School, Yearly for 1 Child
$ 12 586
Contact seller
Contact seller

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